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Author Topic: Patience is the key  (Read 17499 times)
pabpete
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May 17, 2018, 03:31:25 PM
 #1501

I think a person has to lose something, and then will get many times more. Everyone learns from their mistakes, this is the basis. Patience is necessary in all aspects that we have in investing in crypto currency
One could easily argue daytraders make a ton of money by flipping coins for smaller profits. That is certainly a valid approach to things, but it doesn’t work for everyone. On the other hand, a lot of people buy cryptocurrency and hold onto it for as long as possible.
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AristoteI
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May 17, 2018, 03:31:40 PM
 #1502

I know a lot of examples when people who do not have patience - could not make money. I absolutely agree that patience is the key to success in trading.
VelascoMark20
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May 17, 2018, 03:48:22 PM
 #1503

It's a good advice, It take guts to be successful. Trusting your coin is one of the best test in investment, but before investing you have to make sure that the coin you want has potential.
Sevaev
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May 17, 2018, 06:34:04 PM
 #1504

Patience is just a way, a solution for solving the problem not the key to success because the key to success is containing many things and patience is just one of them not all of them . You need everything to become success.
SERGOSTAP
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May 17, 2018, 06:50:24 PM
 #1505

You can be absolute patience if it's obvious that you bought by low price and growth began.
How to be with those who bought at "low price" for example bitcoin for 15-16k and now holds.
I do not think that when the price has grown to 6k and they lost 60% of their investments, everyone was confident that hodl was the right decision.
Analysis and a measured response to market behavior is the key.
BivanF
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May 17, 2018, 06:56:57 PM
 #1506

As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks
patience is indeed the keyword in crypto , a lot of people already learned that the hard way , for myself i also sold my coins to early which only bring mental problems so i only keep m and (day )trading is not my best thing
oemar bakrie
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May 17, 2018, 06:57:53 PM
 #1507

it is true what this friend is saying ,, with a certain patience we will get perfect results, but the nature will not be the same as the friends of all that is in this forum ..
automatic panic that will cause us can not resist the results that are already in front of our eyes ..
panic that will sell we already get ..

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Rajatkatyal
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May 17, 2018, 07:10:25 PM
 #1508

Yes You have to Be patience in the crypto world.And in the Bitcoins industry the main key is patience.Because when You invest in the crypto currency You hsve to be very smart with your decisions and be patience.
xda-developer
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May 17, 2018, 07:17:24 PM
 #1509

As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks

I fully agree with this statement. All cryptocurrency millionaires have huge patience. Those who do not have the patience sold their cryptocurrency for a pittance to cryptocurrency millionaires.

AgentZero23
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May 17, 2018, 07:20:13 PM
 #1510

It's always been my mantra. Because if you don't have patience then you won't be successful in crypto and in life. I've been holding some of my coins for 5 months now and I'm not selling just yet. Waiting for the market to become green again. Then I will sell a few tokens =)
Drokzid
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May 17, 2018, 07:28:36 PM
 #1511

I know a lot of examples when people who do not have patience - could not make money. I absolutely agree that patience is the key to success in trading.
Yes, best is to buy into project you can forget about without going crazy while sleeping. Made a lot of money with this strategy.

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xda-developer
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May 17, 2018, 07:29:01 PM
 #1512

It's always been my mantra. Because if you don't have patience then you won't be successful in crypto and in life. I've been holding some of my coins for 5 months now and I'm not selling just yet. Waiting for the market to become green again. Then I will sell a few tokens =)

The key point is that when the market grows and you think that it's time to sell, it will be a mistake. People sold their Bitcoins for $ 100 and they thought that the market grew 100 times and can not grow any more.

specialized
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May 17, 2018, 07:29:30 PM
 #1513

In crypto investment really needs a patience because it takes some time that the token to rise just like bitcoin and I hope it will reach to $20k+ this year and it is worth of patience then than to sell it now.
fzavertuk
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May 17, 2018, 08:00:26 PM
 #1514

I agree with you, patience is the key to earning in crypto. Many people regret that they sold this or that coin Embarrassed
Ingoats
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May 17, 2018, 08:03:08 PM
 #1515

As a matter of fact, it is very few number of noobs in the cryptocurrency business that understand the level at which patience is required and valuable in the business. I do tell my friends around me that wish to come in to the business “it’s only patience ones that would feed from the milk of a lion” . I bought some coins few weeks ago, which I decided to hold while it was dipping but I keep holding with zero fear and absolute patience. Presently, i’m In over 47% profit in all. My advice to my colleagues is all you need is buy into coins with good potential and relax even while it’s at dip. Trust me, you won’t live to regret anything if only you would be able to hold with patience. Thanks
I agree. We always fail at that part, waiting. We always forget that the coins here in the crypto world is volatile and its value usually depends on the demand it is gaining from the crowd. If we are going to be patient and wait for a moment, maybe many of us already rich by now. Many people way back became regretful as they sell all their coins because of the sudden fall occuring, don't be one of them.
FilliDorros
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May 17, 2018, 08:12:05 PM
 #1516

I already learned from my mistakes, and know how to lose my money. Now I'm very patient Grin Grin
13ex07
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May 17, 2018, 08:59:08 PM
 #1517

Patience without knowledge does not make sense. It is possible to wait indefinitely for an event that does not happen. There is a very interesting definition of freedom: "Freedom is the ability to act with knowledge" And patience is one of the options for action.

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angelica laura
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May 17, 2018, 09:34:16 PM
 #1518

I agree with you. Patience is the key to success without having to rebel and keep asking when it will be sold. We sometimes have to understand their busyness and give them time to do their best. So we need to be patient and keep an eye on their progress.

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niky
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May 17, 2018, 09:34:38 PM
 #1519

This is absolutely true. Anyone that is always in haste or rush can not get good and meaningful things out of this crypto  business particularly people who are always eager to dump their coins in market hastily. I have proven it that patience is indeed a necessity if I intend to make huge profits in crypto business. Most of the coins I have had to sell had profited me greatly just because I held on with the coins and patiently waited while the price appreciate in the market. Once I have coins with good values, I don't panic to quickly dump in market. I always wait until the coin price booms in market.  
Longfellow27
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May 17, 2018, 09:48:14 PM
 #1520

Some of the investors fear any dip because they are putting on the line their hard earned life savings and we cannot tell them to hold it no matter what because certainly they will profit in the end. Being so patient would require you to be confident of losing whatever it is that you have invested and if so you won't have any problem with the dip. But for a person who says he sold his house and everything falls down, well it is something to get really worried about. I don't encourage doing this because everything is unpredictable in the cryptocurrency market.
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